Financial Freedom LLC Has $4.85 Million Stock Position in Vanguard Financials ETF $VFH

Financial Freedom LLC decreased its position in shares of Vanguard Financials ETF (NYSEARCA:VFH) by 17.6% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 40,151 shares of the company’s stock after selling 8,568 shares during the quarter. Vanguard Financials ETF makes up approximately 2.4% of Financial Freedom LLC’s holdings, making the stock its 10th largest holding. Financial Freedom LLC’s holdings in Vanguard Financials ETF were worth $4,851,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Jessup Wealth Management Inc bought a new stake in shares of Vanguard Financials ETF during the fourth quarter worth $27,000. Proathlete Wealth Management LLC lifted its stake in shares of Vanguard Financials ETF by 2,775.0% during the fourth quarter. Proathlete Wealth Management LLC now owns 230 shares of the company’s stock valued at $31,000 after acquiring an additional 222 shares during the period. SHP Wealth Management bought a new position in Vanguard Financials ETF in the fourth quarter valued at about $37,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in Vanguard Financials ETF in the fourth quarter valued at about $39,000. Finally, Core Wealth Advisors LLC acquired a new stake in Vanguard Financials ETF in the fourth quarter worth about $48,000. 61.65% of the stock is currently owned by institutional investors.

Vanguard Financials ETF Trading Up 1.1%

Shares of NYSEARCA:VFH opened at $135.99 on Friday. The stock has a market capitalization of $13.17 billion, a P/E ratio of 17.56 and a beta of 0.90. Vanguard Financials ETF has a 1-year low of $116.67 and a 1-year high of $138.50. The business has a 50-day moving average price of $129.39 and a two-hundred day moving average price of $128.46.

Vanguard Financials ETF Company Profile

Vanguard Financials ETF (the Fund) is an exchange-traded share class of Vanguard Financials Index Fund. The Fund employs a passive management or indexing investment approach designed to track the performance of the Morgan Stanley Capital International (MSCI) US Investable Market Financials Index, an index of stocks of large, medium and small United States companies in the financials sector, as classified under the Global Industry Classification Standard (GICS). This GICS sector is made up of companies involved in activities, such as banking, mortgage finance, consumer finance, specialized finance, investment banking and brokerage, asset management and custody, corporate lending, insurance, financial investment, and real estate (including real estate investment trusts).